The Grand National is one of the most popular horse racing events in the world, with millions of people tuning in to watch and bet on the action every year. But what about the prize money for the race? Does 5th place payout on Grand National? This article will answer this question and explain more about prize money for the Grand National.
What is the Grand National?
The Grand National is a National Hunt horse race that takes place each year at Aintree Racecourse in Liverpool, England. It is a three-day event, usually held in April, and is the most valuable jump race in Europe, with a total prize fund of over £1 million. The race is open to horses aged four years and over, and is contested over a gruelling four-mile course.
What is the prize money for the Grand National?
The Grand National has a total prize fund of over £1 million, with the winner of the race taking home the lion’s share of the winnings, usually around £500,000. The remaining prize money is split between the other top finishers, with second place generally taking around £100,000, third place taking around £50,000, and fourth place taking around £25,000.
Does 5th Place Payout on Grand National?
The short answer is yes, 5th place does payout on Grand National, but the prize money is much lower than the first four finishers. The 5th place finisher normally receives around £10,000 in prize money, with 6th place taking around £5,000 and so on down to 10th place, which usually takes around £2,000.
What other prize money is available?
In addition to the prize money awarded to the top 10 finishers, there is also a bonus prize of £50,000 which is awarded to the owner of the horse that wins the race. There is also a bonus of £25,000 which is awarded to the trainer of the winning horse, and a bonus of £10,000 which is awarded to the jockey that rides the winning horse.
What are the rules for claiming prize money?
To be eligible for prize money, horses must be registered with the British Horseracing Authority and must have a valid passport. Horses must also have been trained in the UK or Ireland and must have competed in the race under the rules of the British Horseracing Authority.
What happens to unclaimed prize money?
Any prize money that is not claimed by the owner or trainer of the horse is given to the charity Racing Welfare, which provides support for people in the racing industry.
What is the history of the Grand National?
The Grand National is the most famous steeplechase in the world and is steeped in history. The first Grand National took place in 1839 and was won by the horse Lottery. Since then, the race has become a major event in the British sporting calendar, and is watched by millions of people around the world.
Who are some of the famous winners of the Grand National?
There have been some famous winners in the history of the Grand National, including Red Rum, who won the race for a record three times in 1973, 1974 and 1977. Other well-known winners include Aldaniti, who won in 1981, and Earth Summit, who won in 1998.
Conclusion
So, does 5th place payout on Grand National? The answer is yes, with the 5th place finisher normally receiving around £10,000 in prize money. In addition to the prize money for the top 10 finishers, there are also bonuses for the owner, trainer and jockey of the winning horse. The Grand National is a major event in the British sporting calendar, with a long and illustrious history. Some famous winners of the race include Red Rum, Aldaniti and Earth Summit.